Kuala lumpur: The ringgit exhibited a mixed trading pattern in early trade today, showcasing strength against most major currencies while weakening against the US dollar, as the greenback gained momentum following robust United States labor market data.

According to BERNAMA News Agency, the ringgit fell to 4.0470/0520 against the US dollar, compared to last Friday's close of 4.0280/0320. Bank Muamalat Malaysia Bhd's chief economist, Dr. Mohd Afzanizam Abdul Rashid, noted that the US Dollar Index (DXY) climbed to 100.069 points after the US labor market demonstrated resilience in May. The nonfarm payrolls (NFP) reported an increase of 172,000, surpassing consensus estimates of 85,000, while the unemployment rate remained steady at 4.3 percent. This strong performance is expected to maintain the Federal Reserve's restrictive stance during the Federal Open Market Committee (FOMC) meeting scheduled for June 16-17.

The ringgit showed gains against a basket of major currencies, appreciating against the British pound to 5.3963/4029 from 5.4233/4287, and rising against the euro at 4.6630/6687 from 4.6882/6928. However, it slipped versus the Japanese yen to 2.5240/5273 from 2.5183/5209 at the previous close.

In regional trading, the ringgit displayed a mixed performance. It strengthened against the Singapore dollar to 3.1343/1384 from 3.1390/1424 and gained against the Thai baht to 12.3219/3446 from 12.3433/3605. Conversely, it weakened against the Philippine peso to 6.58/6.59 from 6.55/6.56 and declined against the Indonesian rupiah, trading at 224.3/224.7 versus 223.3/223.6 at last Friday's close.